Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4405 Mike Padgett Hwy Augusta, GA 30906

    Sponsored
    For Sale
    $800,000

    LAND - Augusta, GA

    Lot size:
    1.97 Acres
    Days on Market:
    93
    Last Refresh:
    Feb 28 at 4:06 am

    Property Features for 4405 Mike Padgett Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    APN
    2342001000
    Lot size
    1.97 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    David Alan Greene
    David Alan Greene

    David Greene Realty, Llc (706) 955-8545

    Listing agent David Alan Greene (706) 284-7700 License #182159

    Listing date Nov 28, 2025

    MLS# 546672

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Augusta Land For Sale

    This property is a 1.97-acre commercial land parcel located in Augusta, Georgia. The property is zoned B2 and is pad ready. It features a flat lot and benefits from a red light at the corner of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -81.956962
    Latitude
    33.316985

    Nearby Similar for Sale

    • $475,000
      8,922 SF

      Augusta Nightclub and Motel Opportunity

      Fully equipped nightclub with motel in prime Augusta location.
      127 Laney Walker Boulevard Ext, Augusta, GA 30901
      View Details
    • $350,000
      7,356 SF

      Augusta Commercial Investment Opportunity

      Restaurant-ready property on 1.57 acres with redevelopment potential.
      3044 Deans Bridge Rd, Augusta, GA 30906
      View Details
    • $1,500,000
      8,349 SF

      Versatile Commercial Property in Augusta

      Commercial property with high visibility, ideal for various business ventures.
      3416 Mike Padgett Hwy, Augusta, GA 30906
      View Details
    • $899,900
      6,000 SF

      Versatile Flex-Space Building in Augusta

      6,000 SF building with office and warehouse space.
      307 Commerce Dr, Augusta, GA 30907
      View Details
    • New
      $385,000
      2,376 SF

      Augusta Triplex Near Downtown

      Income-producing triplex near downtown Augusta, medical district, and university.
      1904 Central Ave, Augusta, GA 30904
      View Details
    • $325,000
      Pending

      Historic Church in Augusta's Enterprise

      1949 church with redevelopment potential in Augusta's Enterprise Zone.
      725 Laney Walker Boulevard Ext, Augusta, GA 30901
      View Details
    • $185,900
      1,900 SF

      Augusta Commercial Building For Sale

      Commercial building suitable for various business and community purposes.
      2335 Lumpkin Rd, Augusta, GA 30906
      View Details
    • New
      $255,000
      2,058 SF

      Updated Historic Duplex Near Downtown

      Updated duplex near downtown Augusta, ideal for investors or owner-occupants.
      1701 Jenkins St, Augusta, GA 30904
      View Details
    • $170,000
      1,640 SF

      Commercial Property on James Brown Boulevard

      Commercial property suitable for retail or office space in Augusta.
      818 James Brown Blvd, Augusta, GA 30901
      View Details
    • $450,000
      1,080 SF

      Turn-Key Restaurant Augusta, GA

      Profitable restaurant opportunity in high-traffic Augusta location.
      1795 Martin Luther King Jr Blvd, Augusta, GA 30901
      View Details
    • New
      $820,000
      7,160 SF

      Augusta Multifamily Investment Opportunity

      Four townhomes near Fort Gordon, fully rented, great investment.
      4420 Castellon Way, Augusta, GA 30906
      View Details
    • New
      $399,900
      2,108 SF

      Augusta Duplex For Sale

      Two-unit property in Augusta, Georgia, each with two stories.
      3909 Roberts Rd, Augusta, GA 30907
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.97 acre commercial land for sale in Augusta, Georgia.
    Where is this commercial land located?
    The property is located at 4405 Mike Padgett Hwy Augusta, GA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - B2 Zoning offers a wide range of possibilities.; - Pad Ready, saving you time and resources.; - Flat Lot for ease of construction.
    (706) 284-7700
    Request Owner's contact information
    4405 Mike Padgett Hwy Augusta, GA 30906
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4405 Mike Padgett Hwy
    Augusta, GA 30906
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4405 Mike Padgett Hwy Augusta, GA 30906
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Alan Greene
    David Alan Greene
    Real Estate License ID: 182159
    (706) 284-7700 (706) 955-8545
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!